Facebook ad and user growth eases

Rob Clapp

An overview of Facebook advertising revenue and user activity during the coronavirus (COVID-19) outbreak.

Growth in Facebook advertising revenue and user activity has slowed in the second quarter of 2020 as a result of the coronavirus (COVID-19) outbreak, according to the latest company reports.

Advertising revenue rose 10.2% to $18.3bn in Q2 2020, the lowest rate of growth ever recorded. This continues a long-term slowdown in advertising investment growth since 2016.

The company reports that advertising revenue growth was flat year-on-year in April, before rising again in May and June. Advertising revenue growth in the first three weeks of July was in line with the Q2 growth of 10% and this is...

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